IREDA GBI Scheme

Hey buddy will you please get some information about Indian Renewable Energy Development Agency Limited General Based Incentive Guidelines so that I can check it easily?

[Pathak]

Don’t worry buddy I will help you here to get the details about Indian Renewable Energy Development Agency Limited General Based Incentive Guidelines so that you can have idea about it.

Objectives
a. To Broaden Investor Base.

b. To incentivize actual generation with the help of a generation /outcome based incentive.

c. To facilitate entry of large Independent Power Producers (IPPs) and Foreign
Direct Investment (FDI) to the Wind Power Sector.

Features:-
Under the scheme, a GBI will be provided to wind electricity producers @ Rs. 0.50 per unit of electricity fed into the grid for a period not less than 4 years and a maximum period of 10 years with a cap of Rs. 100 Lakhs per MW.

The total disbursement in a year will not exceed one fourth of the maximum limit of the incentive i.e. Rs. 25.00 Lakhs per MW during first four years. The GBI scheme will be applicable for entire 12th plan period having a target of 15,000 MW.

GBI would be available for wind turbines commissioned on or after
01.04.2012 and for entire 12th plan period and shall be governed by the guidelines.

All wind power producers wishing to avail Generation Based Incentive (GBI) are required to be registered with IREDA.

The incentive is over and above the tariff that may be approved by the State Electricity Regulatory Commissions (SERC’s) in various states.

Post registration; a Registration Number and a Unique Identification Number (UIN) shall be allotted to each project and for each machine commissioned respectively.

Indian Renewable Energy Development Agency Limited General Based Incentive Guidelines




Address:-
Indian Renewable Energy Development Agency Limited
Core-4a, 1st Floor,India Habitat Centre, East Court, Lodhi Road, New Delhi, Delhi 110003

Phone:-
011 2468 2214

For full information buddy please go through the file;